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AMDA News

Spinal device company K2M Group sets terms for $150 million IPO

K2M Group Holdings, which develops and sells medical devices for use in spinal surgeries, announced terms for its IPO on Tuesday. The Leesburg, VA-based company plans to raise $150 million by offering about 8.8 million shares at a price range of $16 to $18. At...read more

Spinal device company K2M Group files for a $100 million IPO

K2M Group Holdings, which develops and sells medical devices for use in spine surgeries, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The Leesburg, VA-based company, which was founded in 2004 and booked $158 million in...read more

US IPO Recap: Wave goodbye to the biotech wave as tech prepares to take over

IBP

Last week marked the end of the greatest amount of biotech activity across a two-week stretch in over a decade (14 pricings from 1/29 to 2/11). However, without any superstar performers like January’s Dicerna (DRNA; up 160%) or Ultragenyx (RARE; 110%),...read more

Health IPOs down 1% and housing IPOs trade up after heavy discount

The week’s five health sector IPOs have produced lackluster returns; together they are down 1% on average from their IPO prices. Amedica (AMDA), which creates improved spine, hip and joint replacements, dropped 6% today after pricing at the largest...read more